Biomega - Norway Building
Biomega
Biomega Norway AS and Biomega Denmark A/S have become the property of the Norwegian investor GC Rieber AS after it signed an agreement to acquire 100% of the shares of the entire group.
Biomega will continue to operate as an independent company, transforming marine by-products into marine proteins and oils, while retaining its employees.
"Biomega has a highly competent workforce and a unique technology utilizing marine by-products producing high-value ingredients, contributing to the circular value chain in the aquaculture industry. At the same time, the company is in a challenging financial situation," confirmed Espen Aanderud, incoming Chair of the Board of Biomega and CFO & Investment Director in GC Rieber AS.
From now on, GC Rieber will be responsible for providing the necessary capital and will ensure strong professional relationships with Biomega's employees and suppliers. In this way, the financial and structural challenges the company was facing will be addressed.
"GC Rieber has worked with fish oils for more than one hundred years, with industrial production dating back to 1920. We are now bringing that experience with us into the work with Biomega," assured Jan Roger Bjerkestrand, CEO of GC Rieber AS.
In this way, Biomega returns to Norwegian ownership, since in 2017 it was acquired by the American investor AMERRA Capital Management. Regarding this fact, Biomega's CEO Geir Olav Melingen said: "For us, it means a great deal to have a strong Norwegian owner like GC Rieber, with a long-term industrial perspective. It is truly great to be part of the journey of bringing the company back under Norwegian ownership."
